1552 Fulton Street,Brooklyn, NY 11216
Brooklyn, NY 11216
Description
1552 Fulton Street, Brooklyn, NY 11216 Prime Income-Generating Mixed-Use Asset | Fully Occupied with Immediate Cash Flow & Upside Positioned along Bedford-Stuyvesant's premier retail corridor, 1552 Fulton Street is a three-story, mixed-use property offering an exceptional combination of steady in-place cash flow, prominent retail visibility, and long-term appreciation. Designated Building Class S2 (Primarily Two-Family with Store/Office), the building spans approximately 2,880 square feet across three levels on a 20 ft lot. The property will be delivered 100% tenant-occupied, presenting an immediate turnkey income opportunity for buy-and-hold investors or 1031 exchange buyers seeking strong day-one cash flow along a proven commercial avenue. Property Configuration: Ground-Floor Commercial Space: High-exposure retail storefront with prime street frontage, benefiting from robust foot traffic and an established in-place tenant. Upper Residential Units: Two floor-through residential apartments (Floors 2 & 3), both fully occupied by existing tenants, capitalizing on Bed-Stuy's consistently tight rental market. Delivery: Fully occupied (all units delivered with tenants in place). Key Highlights: Three Total Units: 1 commercial storefront + 2 full-floor residential apartments Turnkey Cash Flow: Immediate revenue stream with zero initial vacancy Building Size: Approx. 2,880 SF across 3 levels Zoning / Tax Class: Class S2 mixed-use asset Location & Transit: Steps from the Kingston-Throop A/C subway station, offering a seamless, direct commute into Downtown Brooklyn and Lower Manhattan. With unmatched visibility along the bustling Fulton Street strip and reliable rental demand upstairs, 1552 Fulton Street represents a dependable, covered-land investment in one of Brooklyn's most resilient and culturally rich neighborhoods.
Details
| MLS # | 1052330 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 44 |
| Listing Provided By | Skynado LLC | Irene Tai |
Features
| SQ Feet | 2,880 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Zoning | R7D |
| Acreage | 0.05 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Natural Gas |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Concrete Perimeter |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 79920 |
| Tax Annual Amount | 4217.76 |
| Tax Lot | 0032 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11216 |
| Listing VS Median (in 11216) | |
Price: $1,799,999 low | high Med: $2,000,000 sqft: 2,880 low | high Med: 3,142 $ / sqft: $625 low | high Med: $637 On site: 44 low | high Med: 106 | |
Market Activity 11216
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11216 |
| Listing VS Median (in 11216) | |
Price: $1,799,999 low | high Med: $2,000,000 sqft: 2,880 low | high Med: 3,142 $ / sqft: $625 low | high Med: $637 On site: 44 low | high Med: 106 | |
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270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
